GOLD fell down all the way to the $13 level today, followed by a huge bounce closing at 16.3. This is equated to a snapback that was needed due to a rapid decline in gold over the last week. I do believe gold has reached its bottom today and will see alot more upside in the coming days. This play will be until the 19 level where it will face resistance, before it can continue another push higher potentially.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.